Some of Thursday’s top business news stories:
Associated Press
Many small businesses say loans won’t get them to rehire, by Christopher Rugaber
Tyson Foods idles largest pork plant as virus slams industry, by Ryan J. Foley
CNN
SpaceX moves ahead with Starlink satellite launch amid pandemic, by Jackie Wattles
Victoria’s Secret deal to go private hits a roadblock
The Wall Street Journal
Delta Reports First Loss in Five Years, by Alison Sider
AT&T Pulls Guidance as Coronavirus Upends Media, by Drew FitzGerald
CNBC
US auto sales recovering during coronavirus pandemic but still significantly down, J.D. Power says, by Michael Wayland
Consumer brands didn’t reap a huge windfall from panic buying, are adjusting to life under lockdown, by Amelia Lucas
Reuters
U.S. firms may face probes over payroll loans, Treasury, DOJ officials warn, by David Lawder, Sarah N. Lynch
Bankruptcy looms over U.S. energy industry, from oil fields to pipelines, by Jessica Resnick-Ault, David French
News about business journalism
Biz journalist Gilman starts Newsweek column “On the Street”
CNBC’s Chu on cleaning up his home office
WSJ wins National Press Foundation award for PG&E coverage
Wired’s editorial staff forms a union
Business Insider plans fewer hires in 2020
PEI Media hires Melville as editorial director
Columbus Biz First seeks funding in a bid to set up newsroom in Cleveland
WSJ names Miller its newsletter and curation editor
Three additional staff disclose layoffs at Protocol
